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Share
62 Posts.
17
29/01/20
14:03
Share
So the calculation is
$5000 invested
basic amount I $ 506 buys 22 shares
Maximum amount that can buy $1995
so $5000 -$506 =$1489
Prorata rate is $5000/$15000 = 1/3
Prorata $1489/3= $496.33
$496.33/$23 = 21.58
Total shares is 22 + 21.58 = 43.58
Rounded to the nearest 5 is 45 new shares
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